Global Credit Trading Product Controller

Job Description

JP Morgan – Product Control Associate – Credit Trading

The JP Morgan Product Control Associate role is an exciting new opportunity designed to aid top performers in their professional and personal advancement. The role is targeted at top performing individuals with a proven track record of success and with experience working in the financial industry.

What does the role offer?

• A seat in Credit Trading Product Control team, supporting the first in class, pre-eminent trading desk in our Canary Wharf, London HQ..
• Unrivaled exposure to derivatives and securities across asset classes, with a specific focus on Credit instruments.
• Optional CFA qualification sponsorship with five study days per level.
• Monthly coaching sessions with your senior manager.
• Bi-Weekly feedback and support sessions with your direct manager.
• Regular recognition for a job well done.
• Career guidance and the opportunity for promotion in two years if a top performer.
• Access to JP Morgan business resource groups and mentorship programs.
• 27 days annual leave with additional bank holidays and Lieu days.
• A competitive benefit package including optional access to the onsite gym, opportunity for matched pension contributions and access to the employee share scheme.

Why choose a Product Control role at JP Morgan?

• The role is very technical and individuals will become proficient in understanding and analyzing Balance Sheet, RWA & Capital requirements across a range of Credit products.
• No two days are the same with individuals expected to always go above and beyond simply following daily procedures, adding value at every touch point and driving systematic solutions to any repetitive tasks.
• Product Controllers are involved in all aspects of the trade lifecycle and have interactions with front office, market risk, valuations, business managers and middle and back office colleagues across the globe.
• Markets commentary is prepared on a quarterly basis offering exposure to senior management.
• Innovation is a daily part of the role, with individuals pushed to drive improvements and individual projects.
• Top quality technological solutions in place to enhance controls and minimize delays with state of the art systems.
• The opportunity to be part of a vibrant, tight knit team, with regular social occasions.

What are we looking for in a candidate?

• Experience working in the financial industry.
• A 2:1 BSc from a Russell group university, or better.
• A driven, self-starter.
• Numerically strong.
• Good communication skills, both verbally and written.
• A sociable, team player.
• Excellent attention to detail.
• Strong Excel knowledge.

Job Responsibilities:

• Apply up-to-date product/industry/market knowledge in specialty areas of reporting
• Consolidate, review, and analyze quarterly financial data for accuracy and completeness. Perform quarter-over-quarter variance analytics
• Coordinate data collection and quarterly business results with various lines of business, Regulatory Controllers and SEC reporting teams
• Assist in the thorough assessment of the issues and outcomes
• Clearly communicate financial information to the lines of businesses and able to flag potential issues
• Participate in various aspects for the production, review and filing of monthly, quarterly, semi-annual, and annual reports filed with various regulatory agencies that are used by the regulators for compiling widely-used statistics on the levels of, and changes in, domestic and international portfolio positions
• Adhere to proof & control procedures to ensure accurate reconciliation between regulatory filings, SEC filings and other published financial reports (e.g., Form 10-Q, Annual Report/Form 10-K, Call Report & FR Y-9C, Pillar III, etc)
• Adhere to various control procedures and edit checks to ensure the integrity of reported financial results
• Ensure accurate and complete data submission to the Regulators
• Interpret and define regulatory and/or SEC requirements and coordinate internal and external policies
• Establish and manage relationships with the line of business, as well as with external regulatory agency constituents through ongoing partnership and dialogue
• Participate in continuous improvement efforts around data quality review and external reporting improvement projects

About Us

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.

About the Team

The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

Global Finance & Business Management works to strategically manage capital, drive growth and efficiencies, maintain financial reporting and proactively manage risk. By providing information, analysis and recommendations to improve results and drive decisions, teams ensure the company can navigate all types of market conditions while protecting our fortress balance sheet.

For further information, and to apply, please visit our website via the “Apply” button below.